内蒙古包头稀土磁材成为新质生产力隐形基石

Core Insights - The rare earth industry in Baotou, Inner Mongolia, is experiencing unprecedented vitality, driven by technological advancements and increased production capacity [1][2] - China is transitioning from a resource-based powerhouse to a technology-driven leader in the rare earth permanent magnet sector, with a significant increase in high-end product market share [1][2] Industry Developments - The production of high-performance NdFeB magnets at Jinli Permanent Magnet's factory is automated, with a new magnet produced every 90 seconds, showcasing advanced manufacturing capabilities [1] - The introduction of nanocrystalline boundary control technology has significantly improved the coercivity of NdFeB magnets while reducing the use of heavy rare earth elements [2] - The Baotou Rare Earth High-tech Zone has established a comprehensive innovation ecosystem, including key laboratories and numerous patent holdings, enhancing the local industry's capabilities [3] Market Trends - The market for rare earth functional materials in China is projected to exceed 200 billion yuan in 2024, with high-end applications surpassing 50% of the total market [4] - The demand for high-performance NdFeB magnets is expected to grow, particularly in the electric vehicle sector, which is projected to account for 28% of global demand in 2024, a 16 percentage point increase from 2023 [5] - The Baotou Rare Earth High-tech Zone is set to become a core supply base for key components in the global electric vehicle and wind power equipment markets, with an anticipated additional output value of 4 billion yuan by 2025 [5]